Disney (DIS) Stock Analysis | Q1 Results | Disneyland Is BACK! But Sports Drag On Earnings

  • Today we take a look at #Disney #DIS #Stock after the company reported Q1 earnings that really surprised investors how strong Disneyland performed over the past quarter. In pervious Disney stock videos I’ve done, we’ve talked about how that business unit was essentially break-even from a profit perspective due to the capacity constraints. In Q1 things got completely back to normal for Disney as they saw revenue & profits from Disneyland the company hasn’t seen since 2019.
    What’s keeping the company from firing on all cylinders is the fact sports media rights have gotten really expensive and it will be interesting to follow Disney’s strategy in the coming years. Will they continue to bid on these rights - which are only marginally profitable, if at all, or will companies with more money like Apple, Amazon and maybe eventually Netflix take these rights away?
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    #disney#dis#stock#analysis#q1#results#disneyland#is#back#but#sports#drag#on#earnings

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